Takata's Problems Balloon While Its Stock Price Tumbles
Takata air bags are believed to have caused five deaths in the U.S. The faulty air bags can launch shrapnel at dangerous speeds if deployed.By Jamal Andress | May 20, 2015
Since Japanese auto parts manufacturer Takata announced an initial recall of its air bags in 2014, the problems for Takata have ... well, inflated.
"The largest consumer recall ever, and it involves automobile air bags that have the potential to explode," a CBS anchor said.
Nearly 34 million vehicles have the affected Takata air bags, making this one of the largest auto recalls in U.S. history.